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New York facts of the day - Marginal REVOLUTION

marginalrevolution.com · 308 words · saved by 1 readers

It’s truly astonishing how fiscally irresponsible New York is. The state budget proposal calls for $254 billion in spending, which is 8.3 percent higher than last year. That comes despite New York’s population having peaked in 2020. It’s a spending increase far in excess of the rate of inflation to provide government services for fewer people. Ditch compares the New York state budget to the Florida state budget, a sensible comparison since both are big states with major urban and rural areas and high levels of demographic and economic diversity. He finds: Here is more from Dominic Pino. This feels a lot like mood affiliation coming after yesterday's post. I'd prefer to get an honest answer from Tyler - do deficits and taxation matter, or do you only care about spending? New York State has a balanced budget, as is required for all states by law. The tax rates are higher than I would like but I don't live there, and it seems like New York voters are pretty happy with their status quo. Ne

It’s truly astonishing how fiscally irresponsible New York is. The state budget proposal calls for $254 billion in spending, which is 8.3 percent higher than last year. That comes despite New York’s population having peaked in 2020. It’s a spending increase far in excess of the rate of inflation to provide government services for fewer people. Ditch compares the New York state budget to the Florida state budget, a sensible comparison since both are big states with major urban and rural areas and high levels of demographic and economic diversity. He finds: New York’s spending per capita was 30

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